Issuer Name	Symbol	Callable	Sub-Product Type	Coupon	Maturity	Moody's	S&P 500	Price	Yield
APPLE INC	AAPL4001809	Yes	Corporate Bond	2.400	05/03/2023	Aa1	AA+	101.058	1.516
APPLE INC	AAPL4001810	Yes	Corporate Bond	3.850	05/04/2043	Aa1	AA+	106.847	3.394
APPLE INC	AAPL4122390	Yes	Corporate Bond	3.450	05/06/2024	Aa1	AA+	103.448	1.858
APPLE INC	AAPL4122386	Yes	Corporate Bond	4.450	05/06/2044	Aa1	AA+	115.685	3.435
APPLE INC	AAPL4208641	Yes	Corporate Bond	2.500	02/09/2025	Aa1	AA+	101.575	1.953

1. Assume the par value of the bond is $1,000. a. How much will an investor pay for each bond purchased at the price listed in the "price" column? b. Calculate the annual coupon interest payments. Show your work in your project.

2. The YTM is listed in quotations of the bonds (Yield). What does it mean? (No calculations are required for this section.)